INFLUENCE OF EDUCATION OF WOMEN ENTREPRENEURS ON THE PROBLEMS FACED BY THEM IN MICRO ENTERPRISES

Abstract

Women increasingly run their own enterprises, yet their socioeconomic contributions and entrepreneurial potential remain largely unrecognized and untapped. They are concentrated in informal, micro-size, low productivity and low-return activities. Due to lack of proper education, women entrepreneurs remain in dark about the development of new technology, new methods of production, marketing and other governmental support which will encourage them to flourish.

women in micro enterprises show that a woman, who is highly motivated, initiates action and activity without direction has a high internal focus of control, and propensity towards achievement. Women’s decision processes indicate a highly personal, subjective process. Studies reveal that the characteristics of women business owners promote their creativity and generate new ideas and ways of doing things.